wager

(1) Wager The term “wager” means— (A) any wager with respect to a sports event or a contest placed with a person engaged in the business of accepting such wagers, (B) any wager placed in a wagering pool with respect to a sports event or a contest, if such pool is conducted for profit, and (C) any wager placed in a lottery conducted for profit.

Source

26 USC § 4421(1)


Scoping language

None identified. Default scope is assumed to be the entire title.
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